Corporate
SM Investments posts nine-month 9% profit growth in 2024, powered by banking and property
SM Investments Corporation (SM Investments) reported a 9 percent year-on-year increase in consolidated net income for the first nine months of 2024, reaching P60.9 billion, up from P55.9 billion in the same period last year.
FiberX, SMEs fuel Converge’s 14% revenue jump in record-breaking quarter
Converge ICT Solutions Inc. reported a 29 percent increase in net income for the first nine months of 2024, reaching ₱8.2 billion, up from ₱6.4 billion during the same period last year.
Coffee acquisition, sales boom fuel nine-month JFC income surge
Jollibee Foods Corp. reported a 23 percent increase in net income for the first nine months of 2024, reaching ₱8.87 billion, up from ₱7.22 billion during the same period last year.
LT Group income flat over 9 months; banking and spirits drive revenue growth
LT Group Inc., the holding company of tycoon Lucio Tan, aareported a flat net income of P19.82 billion for the first nine months of 2024, a slight increase from P19.25 billion in the same period last year, as weak tobacco performance offset gains from other business segments.
Shakey’s Pizza Asia Ventures posts 16% sales growth in Q3 2024, eyes double-digit profit growth for the year
Shakey’s Pizza Asia Ventures, Inc. (SPAVI), a leading food service group in the Philippines, reported a 16 percent annual increase in system-wide sales (SWS) for the third quarter of 2024, reaching P5.4 billion.
